Zacks Research Equity Research Associate Salaries by 20+ Employees (Updated 2025)

0 - 3 years exp.

₹2 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

69% less than the average Equity Research Associate Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

Finance & Accounting Equity Research Associate Salary 1 - 3 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Equity Research Associate Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹5 L/yr
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Data Science & Analytics Equity Research Associate Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3.5 L/yr
Research & Development Equity Research Associate Salary 0 - 1 year exp. (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr

Last Updated: 8 Mar 2025

Companies similar to Zacks Research for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
PhillipCapital Equity Research Associate Salary 1 - 9 years exp. (12 salaries)	₹8 L/yr - ₹23 L/yr 302% more
Purnartha Investment Advisors Equity Research Associate Salary 2 - 4 years exp. (5 salaries)	₹6.4 L/yr - ₹14.8 L/yr 166% more
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ICICI Direct Equity Research Associate Salary 1 - 3 years exp. (4 salaries)	₹4.5 L/yr - ₹10.9 L/yr 48% more
JPMorgan Chase & Co. Equity Research Associate Salary 3 - 6 years exp. (39 salaries)	₹22 L/yr - ₹49 L/yr 879% more	3 job openings
Evalueserve Equity Research Associate Salary 0 - 3 years exp. (26 salaries)	₹7 L/yr - ₹11.1 L/yr 133% more

Equity Research Associate salary at Zacks Research ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 29 latest salaries received from various employees of Zacks Research.

Latest annual salaries shared by Zacks Research Equity Research Associate

3d ago

₹3.6 Lakhs

1 year exp.

2w ago

₹3.7 Lakhs

2 years exp.

1mo ago

₹3 Lakhs

5 months exp.

2mo ago

₹3.7 Lakhs

1 year exp.

2mo ago

₹3 Lakhs

1 year exp.

4mo ago

1 year exp.

5mo ago

1 year exp.

6mo ago

5 months exp.

7mo ago

3 years exp.

9mo ago

3 months exp.

Experience wise Zacks Research Equity Research Associate salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	₹2 L/yr - ₹4.8 L/yr
1 year (10 salaries)	₹2.7 L/yr - ₹5 L/yr
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2 years (7 salaries)	₹2 L/yr - ₹4.6 L/yr
3 years (4 salaries)	₹3 L/yr - ₹5 L/yr

Similar Designation salaries in Zacks Research

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(61 salaries)

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Equity Research Analyst Salary

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Senior Research Analyst Salary

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₹3 L/yr - ₹4.5 L/yr

Senior Associate Salary

(3 salaries)

₹6.5 L/yr - ₹11 L/yr

Research Analyst Salary

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₹2.2 L/yr - ₹6 L/yr

Senior Equity Research Analyst Salary

(6 salaries)

₹3 L/yr - ₹7 L/yr

Equity Analyst Salary

(3 salaries)

₹2.6 L/yr - ₹6 L/yr

Financial Analyst Salary

(7 salaries)

₹1.5 L/yr - ₹4.8 L/yr

Senior Analyst Salary

(7 salaries)

₹2 L/yr - ₹6 L/yr

Team Lead Salary

(8 salaries)

₹4.35 L/yr - ₹6.5 L/yr

Top skills at Zacks Research for Equity Research Associate

Financial Modelling Interpersonal Skills Equity Research Communication Skills Financial Modelling Business Writing Core Finance Equity Research

Salary related reviews for Zacks Research

2.0

Rated by 7 employees for salary & benefits

Equity Research Associate in Kolkata

Full Time

Other Department

1.0

• posted on 17 May 2024

1.0

for Salary and Benefits

Likes

Absolutely nothing to like here.

Dislikes

Everything. The compensation is a joke. The work extends to a whole day of availability. Some TLs are complete morons. Most of them have been in the company for years, and mostly pass on their work to juniors. The tech team definitely has two gems who can make your life miserable and absolutely will. The HR has no role and is absolutely powerless. The company is an absolute mess. Noone in their right mind should work here.

Salary - Bad

+6 more

Research Analyst in Kolkata

Full Time

Finance & Accounting Department

3.0

• posted on 07 Feb 2018

2.0

for Salary and Benefits

Likes

Flexible working,good place to start career for equity research, good work life balance

Job security - Good

+1 more

Dislikes

Compensation is very low , growth opportunities is very low while staying in company for long term.should not stay in this company more than 1 year to 1and half year

Salary - Poor

+3 more

Research Associate in Salt Lake Sector V

Full Time

Finance & Accounting Department

1.0

• posted on 16 Oct 2023

1.0

for Salary and Benefits

Likes

I didn't find anything good about this company except location. Earlier it was near Exide More but now it moved at Salt Lake.

Dislikes

...ehave like the company is their private property and they are the king or queen. If you disobey anything of their order or do anything that they don't like you have to pay for it. No one is there who will protect you. This place is really tough for retaining, if you are hardworking and want to be appreciated, you will get only frustration, nothing more than that.

Salary - Bad

+5 more

Research Associate in Greater Kolkata

Other Department

3.0

• posted on 30 Sep 2022

1.0

for Salary and Benefits

Likes

There is work life balance apart from earnings period and before they provide leaves. You can develop financial writing skills. Learn about financial modeling. Working here for an year or so is okay to gain an experience.

Dislikes

...rs. No proper training given. And then they yell at you if you make one mistake. Salary is very low compared to industry standards. Once a year, before durga puja Zacks gives bonus which is comparatively a good amount.

Salary - Bad

+4 more

Research Associate in Kolkata

Other Department

1.0

• posted on 24 Aug 2022

1.0

for Salary and Benefits

Likes

Just the part that I am able to learn new things, how to analyse stocks, how to write professional reports etc. But apart from that, nothing.

Skill development - Good

+2 more

Dislikes

...ople here have been working for years and they are the ones who run the company. Salary is really not upto the mark. I have been here for only 4 days and I am already pissed at the office culture. Good of beginners but sticking here for more than a year does not make sense.

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Zacks Research Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Zacks Research ?

The average salary of a Equity Research Associate at Zacks Research in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Equity Research Associate at Zacks Research earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Equity Research Associate Salaries at Zacks Research can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Zacks Research employees in India.

What is the estimated take home salary of a Equity Research Associate at Zacks Research in India?

The estimated take-home salary of a Equity Research Associate at Zacks Research in India typically ranges from ₹30,481 to ₹31,788 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Zacks Research. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Equity Research Associate at Zacks Research ?

To be a Equity Research Associate at Zacks Research in india, the key skills required include:

- Financial Modelling
- Interpersonal Skills
- Equity Research
- Communication Skills
- Financial Modelling

These skills are highly valued at Zacks Research and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Zacks Research for Equity Research Associate in India?

JPMorgan Chase & Co.	₹22.0 Lakhs to ₹49.0 Lakhs per year
PhillipCapital	₹8.0 Lakhs to ₹23.0 Lakhs per year
Purnartha Investment Advisors	₹6.4 Lakhs to ₹14.8 Lakhs per year
Evalueserve	₹7.0 Lakhs to ₹11.1 Lakhs per year
ICICI Direct	₹4.5 Lakhs to ₹10.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Zacks Research, depending on the role and experience level.

How the salary growth look like for a Equity Research Associate at Zacks Research in India?

The salary growth for a Equity Research Associate at Zacks Research depends on factors such as experience, performance, and promotions. On average, a Equity Research Associate can expect the following growth trajectory at Zacks Research:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹4.8 Lakhs per year
1 year	₹2.7 Lakhs to ₹5.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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Zacks Research Equity Research Associate Salaries

Zacks Research Equity Research Associate salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 Zacks Research latest salaries received from various employees of Zacks Research.